Comprehensive Wealth Management LLC Takes $592,000 Position in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE)

Comprehensive Wealth Management LLC purchased a new position in Invesco Energy Exploration & Production ETF (NYSEARCA:PXE) in the third quarter, Holdings Channel.com reports. The fund purchased 19,958 shares of the company’s stock, valued at approximately $592,000. Invesco Energy Exploration & Production ETF comprises 0.4% of Comprehensive Wealth Management LLC’s portfolio, making the stock its 24th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PXE. LRI Investments LLC purchased a new position in Invesco Energy Exploration & Production ETF during the first quarter valued at $40,000. National Wealth Management Group LLC purchased a new position in Invesco Energy Exploration & Production ETF during the 1st quarter valued at about $208,000. Mather Group LLC. bought a new stake in Invesco Energy Exploration & Production ETF during the second quarter worth about $36,000. CWM LLC grew its holdings in Invesco Energy Exploration & Production ETF by 1,980.8% in the second quarter. CWM LLC now owns 1,519 shares of the company’s stock worth $50,000 after purchasing an additional 1,446 shares during the period. Finally, Parkside Investments LLC increased its stake in shares of Invesco Energy Exploration & Production ETF by 2.0% during the second quarter. Parkside Investments LLC now owns 190,140 shares of the company’s stock valued at $6,290,000 after purchasing an additional 3,800 shares in the last quarter.

Invesco Energy Exploration & Production ETF Stock Up 0.8 %

Shares of PXE opened at $31.27 on Thursday. The stock has a market cap of $133.21 million, a P/E ratio of 5.39 and a beta of 0.70. The business’s 50 day moving average price is $30.16 and its 200-day moving average price is $31.99. Invesco Energy Exploration & Production ETF has a 52 week low of $28.27 and a 52 week high of $37.48.

Invesco Energy Exploration & Production ETF Profile

PowerShares Dynamic Energy Exploration & Production Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Energy Exploration & Production Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors.